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Anson Resources Ltd.
Summary
| Project: | Ajana | |
|---|---|---|
| Deposit: | Mary Springs North | |
| Location: | Australia | |
| Commodities: | Graphite | |
| Date: | 5/4/2017 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 4-5-2017: Anson Resources Ltd. announces an Exploration/Drilling Update report for its Mary Springs North deposit at the Ajana project. Drilling results incl. 6m @ 4.8% TGC at Mary Springs North. Anson Resources Limited (ASX: ASN, ASNOA) (Anson or the Com | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Greg Knox (Not stated) | |
| ABSTRACT: | Anson Resources Limited (ASX: ASN, ASNOA) (Anson or the Company) has completed its first RC drilling program at its 100% owned Mary Springs North Prospect with the final 1 metre assays being received. First assay results were announced on 27 April, 2017.The project area is prospective for graphite, zinc and lead, and this program was only targeting graphite mineralisation in an area which has never previously been drilled for graphite. The drilling program concentrated on geochemical and structural targets and also Versatile Time Domain Electromagnetic (VTEM) survey targets that were interpreted to be shallow conductive bodies. The graphite mineralisation targeted in the first pass drilling program was intercepted from surface in a clay rich horizon and at depth in a graphitic schist. The drill hole locations are shown in Figure 1.The Mary Springs North drilling was carried out 1.5 km north of the Mary Springs graphite pit. Previously at the Mary Springs pit samples were taken from surface to 3 meters and metallurgical test work completed. This test work showed average floatation concentration values of 94.1% total graphitic carbon (TGC) and yield spherical graphite purified to 99.97 TGC exceeding battery grade specification. The graphitic pit samples are similar to the graphitic rich bands located in the clay zone at Mary Springs North. | |
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